LAMDA Development announces that through its subsidiary Lamda Estate Development, proceeded on 12/5/2011 to the sale of 1.314 sq. m. on Othonos str, Athens for a total consideration of € 6.572.890. The passing yield of the investment is 7.75% annually.
The purchaser company is Eurobank Properties R.E.I.C.
The above-mentioned sale lies within the general frame of the Company's strategy.